Investing nearly 1,940 billion VND to develop infrastructure of Hung Phu Industrial Park, Thai Binh province

Deputy Prime Minister Tran Hong Ha has just signed Decision No. 971/QD-TTg dated September 13, 2024 on the investment policy of the Hung Phu Industrial Park Infrastructure Development Investment Project, Thai Binh Province.

Illustration photo. (Source: Internet)

Specifically, the Deputy Prime Minister approved the investment policy and approved the project investor, Geleximco Hung Phu Industrial Park Joint Stock Company.

The project is implemented in Nam Hung commune, Tien Hai district, Thai Binh province with a total investment capital of VND 1,939,641 billion, of which the investor's contributed capital is VND 300 billion.

The project's operating period is 50 years from the date the project is approved for investment policy and the investor is approved.

The Deputy Prime Minister assigned the Ministry of Planning and Investment to be responsible for the assigned contents of appraising project investment policies and performing state management of industrial parks according to the provisions of the Investment Law and relevant laws.

Relevant ministries and branches are responsible for the content of project investment policy appraisal within their functions and tasks according to the provisions of the Investment Law and relevant laws.

Ensure the accuracy of appraisal contents according to regulations

The People's Committee of Thai Binh province is responsible for ensuring the accuracy of information, reported data, and appraisal contents according to the provisions of law; responsible for the project's conformity with the planning approved by competent authorities; managing and using the remaining planned area of Hung Phu industrial park development (5.92 ha) according to the provisions of law; assessing the need to use this area to have a plan to adjust and reduce according to the provisions of the law on planning, the law on industrial park management, the law on land and related laws; receiving opinions from ministries and branches.

At the same time, inspect and supervise to ensure that the allocation of land use targets is consistent with the approved project implementation progress; comply with the national land use planning and planning targets allocated to Thai Binh province.

Ensure conditions, procedures and processes for land lease, permission to change land use purposes, including rice-growing land for project implementation according to the provisions of law; have plans to supplement land area or increase the efficiency of using other rice-growing land to compensate for converted rice-growing land according to regulations; inspect and supervise the separation and use of topsoil according to the provisions of Clause 4, Article 14 of Decree No. 94/2019/ND-CP dated December 13, 2019 of the Government detailing a number of articles of the Law on Cultivation on plant varieties and cultivation; properly implement regulations on compensation, support and resettlement when the State reclaims land.

Organize the development and implementation of plans for land recovery, compensation, site clearance, conversion of land use purposes, and land lease to implement projects in accordance with documents approved by competent authorities on project area scale, location, and progress; ensure that there are no disputes or complaints regarding the right to use the project site.

Direct relevant agencies and investors to comply with legal regulations on irrigation, dykes, water resources and natural disaster prevention; have construction design plans that ensure no impact on dyke safety and the management and operation of the irrigation system, and the farming capacity of people in the area.

In case there are public assets in the project implementation area, the People's Committee of Thai Binh province shall rearrange and handle public assets in the project implementation area according to the provisions of law on management and use of public assets and other relevant provisions of law, ensuring no loss of state assets.

Land allocation and lease for small, narrow, and interspersed plots of land managed by the State (if any) must meet the criteria specified in Clause 1, Article 47 of Decree No. 102/2024/ND-CP dated July 30, 2024 of the Government detailing the implementation of a number of articles of the Land Law.

Implement the commitment to arrange land fund for housing construction, service works and utilities for workers working in Hung Phu industrial park according to the approved general urban planning project of Nam Phu, Tien Hai district.

Ensure the location and scale of the project are consistent with the investment policy.

The People's Committee of Thai Binh province directs the Management Board of Economic Zones and Industrial Parks of Thai Binh province and relevant agencies to review and ensure that the project implementation area does not have any tangible cultural heritage works or affect intangible cultural heritage products in Thai Binh province; in accordance with the requirements for protecting and promoting the value of cultural heritage and the conditions prescribed by law on cultural heritage.

Guide, inspect and supervise investors in implementing the construction zoning plan of Hung Phu Industrial Park approved by competent authorities, completing construction procedures in accordance with the provisions of law on construction; ensuring the location and area scale of the project are consistent with the project investment policy approved by competent authorities; the land use structure of the project and the environmental safety distance comply with national technical regulations on construction planning and other relevant regulations;

Attracting investment projects in industrial parks in accordance with the orientation of focusing on developing industrial production sectors of the Red River Delta region as prescribed in Point b, Clause 1, Article 3 of Resolution No. 81/2023/QH15 dated January 9, 2023 of the National Assembly on the national master plan for the period 2021 - 2030, with a vision to 2050, and the direction of developing industrial parks as prescribed in Point b, Section 3, Part V, Article 1 of Decision No. 368/QD-TTg dated May 4, 2024 of the Prime Minister approving the Planning of the Red River Delta region for the period 2021 - 2030, with a vision to 2050 and the plan for developing the industrial park system as prescribed in Appendix II of Decision No. 1735/QD-TTg dated December 29, 2023 of the Prime Minister approving the Planning of Thai Binh province for the period 2021 - 2030, vision to 2050.

Require investors: (i) during project implementation, if there is a construction at a depth below -100m or if minerals with a higher value than minerals used as common construction materials are discovered, they must report to the competent state agency according to the provisions of the law on minerals; (ii) coordinate in compensation, support, resettlement and investment in the construction of workers' housing, service works and public utilities for workers working in the industrial park.

Check and determine whether the investor meets the conditions for land lease by the State and changes the land use purpose at the time of land lease; closely monitor the progress of project implementation, the use of equity capital as committed to implement the project; the investor's satisfaction of all conditions as prescribed by the law on real estate business when conducting industrial park infrastructure business activities and the implementation of the investor's commitments to ensure conditions for investment in industrial park infrastructure as prescribed in Decree No. 35/2022/ND-CP.

Investors can only implement the project after meeting all conditions.

Geleximco Hung Phu Industrial Park Joint Stock Company (investor) is responsible before the law for the legality, accuracy and honesty of the contents of the project dossier and documents sent to competent state agencies; complies with the provisions of law in implementing the project according to this Decision; bears all risks and costs and takes full responsibility according to the provisions of Article 47 and Article 48 of the Investment Law in case of violating the provisions of the law on investment and the provisions of the law on land; accepts the opinions of the Ministries, branches and the People's Committee of Thai Binh province.

Use the owner's capital contribution as committed to implement the project and comply with the provisions of the law on land and other relevant provisions of law; fully satisfy the conditions prescribed by the law on real estate business when carrying out industrial park infrastructure business activities; only implement the project after fully satisfying the conditions prescribed by law, including being permitted by competent authorities to convert the purpose of using rice-growing land and being responsible for paying a sum of money to protect and develop rice-growing land in accordance with the provisions of the law on land.

Comply with the provisions of Article 57 of the Law on Cultivation and Article 14 of Decree No. 94/2019/ND-CP; carry out environmental protection procedures in accordance with the provisions of the law on environmental protection and relevant guiding documents; deposit or have a bank guarantee on the deposit obligation to ensure project implementation in accordance with the provisions of the law on investment...

Source: https://baodautu.vn/dau-tu-gan-1940-ty-dong-phat-trien-ket-cau-ha-tang-khu-cong-nghiep-hung-phu-tinh-thai-binh-d224908.html